More Than Half of the Exports from Developing Nations Go

question 71

Multiple Choice

More than half of the exports from developing nations go to developed nations and:

• A)this proportion has been declining over the past 35 years.
• B)approximately 70 percent of exports from developed economies goes to other industrialized nations.
• C)the proportion of world trade accounted for by members of regional trade agreements has grown to nearly 50 percent.
• D)approximately 90 percent of exports from developed economies goes to other industrialized nations.
• E)The proportion of exports from developing nations that go to developed nations is on decline over the past 35 yrs and apporx 70% of exports from developed nations go to other industrialized nations.

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Definitions:

Weights

Factors that adjust the importance or influence of different items in a calculation, often used in statistical analysis and algorithms.

Linear Trend

A trend that consistently increases or decreases at a steady rate over a period of time.

Time Periods

Specific intervals or spans of time during which certain events or measurements are taken or analyzed.

Indicator Variables

These are binary variables used in statistical models to represent the presence (with a value of 1) or absence (with a value of 0) of a particular condition or characteristic.